Yes, per the federal regulations governing these funds, the Navajo Homeowner Assistance Fund is an income restricted program. However, where most federally funded programs are restricted to low- and very-low income households, the Navajo Homeowner Assistance Fund allows medium-income and higher-income Navajo homeowners to receive financial relief. Also, the majority of funds must go to households at or below 100% of Area Medium Income – it is possible that not all of the highest-income households will be served.
As an example, a family of four in Maricopa County in Arizona earning as much as $140,250 a year may still be eligible for the tax-free, non-repayable funds to pay their mortgage or repair their homes. The income eligibility calculation will vary depending on the county in which you reside and other factors specific to your household. Speak with one of NCC’s licensed professionals to learn what limits may apply to your household.
This LINK shall be referenced in calculating eligibility.
